Pimco’s El-Erian Recommends Precious Metals for Investors

Mohamed El-Erian, co-CEO of Pimco, the world’s largest bond fund, told CNBC on Tuesday that it’s “too early to declare victory” on a market rally. In the interview, he say there are three main issues that must be addressed if the rally is to be sustained. The recent surge in job creation will also uplift investor sentiment, he believes.